Business & Finance
Singapore points to marginal breaches of 2020 sulphur cap with two detentions
The transition of the global shipping industry to fuels compliant with the IMO 2020 sulphur cap seems to be running smoothly with marginal non-compliance issues. According to the Port of Singapore, the world’s largest bunker hub and one of the largest trading hubs in the world, about 96% of the ship
Blind Sodus Bay Dredging Starts
New York State Office of General Services Commissioner, RoAnn Destito, last week announced the start of dredging at Blind Sodus Bay in Wayne County as part of the State’s $15 million REDI Regional Dredging Project. The initiative is addressing a backlog of projects at harbor navigation channels alon
NYSE listing warning for Vaalco Energy
Houston-based oil and gas company Vaalco Energy has received a continued listing warning from the New York Stock Exchange (NYSE).
Port authorities vow to keep trade going in fight against the pandemic
Twenty port authorities from different parts of the world have signed a declaration calling for collaboration and sharing of best practices in ensuring port operations remain open to trade as part of the global efforts to fight the COVID-19 pandemic. Ports across the globe have been declared essenti
Major Milestone for Houston Ship Channel Expansion
The Galveston District of the U.S. Army Corps of Engineers received a signed Chief of Engineers Report (Chief’s Report) for the proposed Houston Ship Channel (HSC) Expansion Project on April 23. Signed April 24 by Lt. Gen. Todd T. Semonite, USACE Chief of Engineers and Commanding General, the report
Two new faces to join board of UK’s oil and gas regulator
The UK’s oil and gas industry regulator, Oil and Gas Authority (OGA), has named two new non-executive directors to its board of directors.
Cosco, CNPC to order LNG carrier trio at Hudong
A joint venture consisting of Chinese shipowner Cosco and energy giant CNPC is to order three liquefied natural gas carriers at Hudong Zhonghua Shipbuilding. The price for each of the 174,000 cubic meter LNG carriers is $185 million, according to a statement by Cosco Shipping Energy Transportation.
USACE Conducts Presque Isle Beach Walk
The U.S. Army Corps of Engineers’ Buffalo District conducted the annual Presque Isle beach walk at Presque Isle State Park in Erie, PA, on April 22, 2020. Data collected on the walk will help determine the scope of the District’s annual sand nourishment project at Presque Isle. The Presque Isle sand
PHOTOS: Dredge Goetz Getting Ready to Hit Upper Mississippi
Dredge Goetz, its crew of more than 50 men and women, support equipment and craft is continuing to march forward, getting everything ready to hit the Upper Mississippi in the next week and get to work keeping the river open for commerce. Like most other activities, normal routines from past dredge s
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (April 20-26, 2020). Julong CSD Kicks Off Dredging Work in Su Ya Lake, China Julong’s two unit 20-inch dredger CSD500, equipped with France Baudouin brand diesel engine with total power of 2000hp, is starting the
Eni posts $3 billion loss, lowers production target due to capex cuts
Eni booked a net loss of over $3 billion in the first quarter of the year due to the overlapping effects of the coronavirus pandemic and the oil price collapse.
UK presents support package to protect its ferry routes
The United Kingdom government has introduced a multimillion-pound coronavirus support package to keep the flow of goods and services running smoothly in and out of the UK, and around the country, throughout the pandemic.
Litchfield Beachfill Plan Introduced
Property owners on the southern tip of Litchfield Beach, South Carolina, are seeking state and federal permits to pump up to 700,000 cubic yards of offshore sand along nearly a mile of beachfront, Coastal Observer informs. The project, proposed by the Peninsula Property Owners Association, includes
Abu Dhabi Ports defers rent for its customers as part of COVID-19 relief measures
Abu Dhabi Ports is offering a three-month rent deferment for the second quarter of the year for its customers as part of the relief measures aimed at curbing the impact of the coronavirus pandemic on their operations. The package also includes a freeze on late payment penalties and an exemption from